Transparency Market Research (TMR) announces a new report in its extensive food and beverage industry intelligence catalog.
The report examines the global edible insects market and presents eight-year forecasts for the market’s development till 2024.
The report is titled ‘Edible Insects Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016 – 2024.’
Entomophagy, or the consumption of insects for food, is an expanding field and is gaining importance due to the rising
awareness about its various benefits. Insects have traditionally been considered as pests in most human societies, and the
global spread of the idea of consuming insects as even a novelty food item, let alone as a staple, is relatively recent. While
insects have sometimes been consumes as famine or emergency food, the rising global population means that insects may
need to become the food of the future.
The increasing monetary and environmental costs of raising conventional meat-producing animals such as cattle, swine, and
chicken are the major driver for the global edible insects market. Edible insects such as locusts have a much higher protein
percentage in their bodies than any conventionally consumed animals. This leads to much more efficient use of animal feed into
meat; for instance, one kilogram of feed produces 12 times more protein from edible insects than from cattle....